PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Sees Significant Increase in Short Interest

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 79,540 shares, a growth of 424.2% from the May 31st total of 15,173 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 761,547 shares, the days-to-cover ratio is currently 0.1 days.

PT Bank Mandiri Persero TBK Stock Performance

PT Bank Mandiri Persero TBK stock opened at $8.94 on Friday. PT Bank Mandiri Persero TBK has a 12 month low of $8.20 and a 12 month high of $13.11. The business has a 50 day simple moving average of $9.76 and a 200-day simple moving average of $11.01.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.